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Last $66.49 USD
Change Today +2.38 / 3.71%
Volume 5.4M
APC On Other Exchanges
New York
As of 8:04 PM 10/5/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1201 Lake Robbins Drive

The Woodlands, TX 77380

United States

Phone: 832-636-1000


y drilled 589 operated horizontal wells and brought 730 wells online in 2014. Eagleford: The Eagleford shale development in south Texas consists of approximately 357,000 gross acres and approximately 1,100 producing wells. The company drilled 393 wells, completed 388 wells, and brought 385 wells online. Delaware Basin: The company holds an interest in approximately 600,000 gross acres in the Delaware basin. Its 2014 drilling activity primarily targeted the liquids-rich Bone Spring formation, the Avalon shale, and the developing Wolfcamp shale play. In 2014, Anadarko drilled 97 operated wells and participated in 43 nonoperated wells. In addition, in 2014, Western Gas Partners, LP (WES), a consolidated subsidiary of the company, acquired Nuevo Midstream, LLC, which has gathering and processing assets located in the Delaware basin. The company had one operated rig drilling in the Bone Spring formation, one operated rig drilling in the Avalon shale, and eight operated rigs drilling in the Wolfcamp shale at year-end 2014. Eaglebine: The company holds 156,000 gross acres in the Eaglebine shale in Southeast Texas, most of which is held by existing Austin Chalk production. In 2014, Anadarko continued to delineate and develop this acreage with a one-rig drilling program. East Texas/North Louisiana: The company holds 293,000 gross acres in east Texas/North Louisiana. In 2014, the company operated 6 rigs and drilled 52 wells in the Haynesville and Cotton Valley formations. Marcellus: The company holds 654,000 gross acres in the Marcellus shale of the Appalachian basin. Gulf of Mexico In the Gulf of Mexico, the company owns an average 61% working interest in 394 blocks. The company operates 7 active floating platforms and holds interests in 23 producing fields. Development Lucius: The company realized first production at the Anadarko-operated Lucius Spar in January 2015, bringing on three wells initially and ramping up production with an additional three wells expected to come online during the first quarter of 2015. The company holds a 23.8% working interest in Lucius. Heidelberg: As of December 31, 2014, fabrication of the main topsides module was approximately 70% complete and ahead of schedule. Caesar/Tonga: At Caesar/Tonga (33.75% working interest), the company completed a fourth development well (GC 727#2) in the first quarter of 2014, and the well is producing 10 thousand barrels per day (MBbls/d) of oil. K2: At K2 (41.8% working interest), the GC 562 #5 infill well found 210 feet of oil pay in the Miocene, and the well is being sidetracked for a subsequent completion. Constitution: At Constitution (100% working interest), the company executed a platform drilling program in 2014, where the A1 well was sidetracked, completed, and brought online producing 3 MBbls/d of oil. Vito: In 2014, the company sold its 18.67% working interest in the nonoperated Vito deepwater development. Exploration Three exploration wells were drilled in the Gulf of Mexico during 2014. The Deep Nansen exploration well (35% working interest) targeted Lower Tertiary-aged sediments in a large, four-way structure beneath the company’s Nansen field and found non-commercial quantities of hydrocarbons. The Bimini exploration well (50% working interest) was drilled in Garden Banks. The K2 development well was drilled deeper to test the Wilcox potential beneath the existing field in Green Canyon. Alaska The company’s nonoperated oil production and development activity in Alaska is concentrated on the North Slope. International The company’s international operations include oil, natural-gas, and NGLs production and development in Mozambique, Algeria, and Ghana. The company also has exploration acreage in Brazil, Colombia, CÔte d’Ivoire, Ghana, Kenya, Liberia, Mozambique, New Zealand, and other countries. Mozambique: The company operated two blocks (one onshore and one offshore) totaling approximately 5.3 million gross acres at December 31, 2014. The company has 26.5% working interest in the Offshore Area 1. Exploration: In the Offshore Area 1, the Tubarão Tigre-1 exploration well was drilled approxi


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